Today's quadruple witching has us on the sideline to avoid any
false signals that might be given off by large market players
unwinding and rearranging complex positions.
In the meantime, the chart below updates the current status of
our proprietary money flow indicator. As you can see, the bearish
diversion remains.
Isn't it amazing how the market can melt up as the money is
taken out of the market? It is kind of like having
the holy grail of income taxes... Positive cash flow and
negative income... Can you do that?
MONEY FLOW
Posted by zach06 on 20th of Sep 2012 at 09:30 pm
Today's quadruple witching has us on the sideline to avoid any false signals that might be given off by large market players unwinding and rearranging complex positions.
In the meantime, the chart below updates the current status of our proprietary money flow indicator. As you can see, the bearish diversion remains.
How much longer can this
Posted by wowten on 21st of Sep 2012 at 01:38 am
How much longer can this divergence continue?
I would think it must resolve very soon either money flow turns up (not likely since it is the big guys who are selling/shorting) or spy comes down.
MONEY FLOW COMMENT
Posted by zach06 on 20th of Sep 2012 at 09:32 pm
Isn't it amazing how the market can melt up as the money is taken out of the market? It is kind of like having the holy grail of income taxes... Positive cash flow and negative income... Can you do that?
Great chart. Thank u
Posted by hirahara on 20th of Sep 2012 at 09:32 pm
Great chart. Thank u